Texas companies restructuring in federal bankruptcy court jumped more than 42 percent in 2017, nearly reaching the highs of the Great Recession eight years ago. Filings for Chapter 11 bankruptcy protection in 2017 skyrocketed to record levels in the Southern District of Texas and near record levels in the Northern District. Some corporate restructuring experts predict there could be another wave of bankruptcies filed by Texas businesses burdened with historic levels of debt . . .
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